Cost of Living in London
Moving abroad? The Wise account makes relocation easy.
£1,749
Average cost per month
Distribution of Expenses
Cost of living breakdown for London
You can expect to spend around £1,749 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing

Standard of Living

Food & Drink
London average costs for food and drink.

Salary & Services
London average salaries and services.

Average living costs in Canada
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £946.43 | £829.55 - £1,138.60 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £848.36 | £677.74 - £975.94 |
| 3 Bedroom Apartment in City CentreRent Per Month | £1,530.23 | £1,355.47 - £1,691.63 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £1,274.60 | £1,138.60 - £1,463.91 |
Cities in Canada
Relocation made simple
Whatever you're relocating for, the Wise account is made to support you.
Frequently asked questions
The cost of living in London depends on your lifestyle. On average, a single person needs £803 per month without rent, while a family of four requires £2,840. Renting a 1-bedroom apartment in the city centre costs an additional £946 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in London costs £2. If you are commuting regularly, a monthly pass is typically priced at £61.
The average monthly net salary (after tax) in London is currently £2,234.
Dining costs depend on your choices. A meal at an inexpensive restaurant in London costs approximately £14, while a three-course meal for two people at a mid-range restaurant costs around £54.
The estimated monthly cost of living in London for a single person is £803, excluding rent.
For a family of four living in London, the estimated monthly costs are £2,840, not including rent.
Rent prices in London depend on the area. The average monthly rent for a 1-bedroom apartment in the city centre is £946, compared to £848 outside the centre. For a 3-bedroom apartment, the average is £1,530 in the centre and £1,275 in suburban areas.
Basic utilities in London (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £104 per month. Internet access typically adds another £40.



.png)
